Frank-Dodd Rescue Prolongs Housing Crisis by Deferring Defaults - Bloomberg

June 6th, 2008

June 5 (Bloomberg) — Dan Castro favors cutting the amount of money that some delinquent homeowners owe him so they can qualify for government help and avoid foreclosure. He’s not sure other mortgage-backed securities investors feel the same. For …

Source:Frank-Dodd Rescue Prolongs Housing Crisis by Deferring Defaults - Bloomberg

Bankruptcy, Foreclosure, Short Sales & Rebuilding your Credit - FINANCIAL RECOVERY

June 6th, 2008


Bankruptcy, Foreclosure, Short Sales & Rebuilding your Credit
FINANCIAL RECOVERY

Buy New: $14.99

Are you going through financial hard times? Are you contemplating filing for bankruptcy? Do you feel overwhelmed with the difficult choices and situations ahead? EduCouch brings you all the professionals you wish you could meet and consult in the comfort of your own home. By the end of this program, you will be ready to make a proper decision in relation to your finances and come out with a feeling of satisfaction and independence. Going through a bankruptcy or a foreclosure is a difficult time in one’s life but dealing with this process can be positive and ultimately rewarding when you know what to expect and develop your own plan. This DVD features 6 experts who share their knowledge and advice about everything from the financial implications to techniques on rebuilding your credit and your self-esteem. With the help of this DVD you will be able to prepare for what is to come, develop a strategic plan, re-evaluate your finances and start a new, debt free life.

Source:Bankruptcy, Foreclosure, Short Sales & Rebuilding your Credit - FINANCIAL RECOVERY

Weathering the storm - Chicago Tribune

June 6th, 2008

When first-time buyer John Grooms went to arrange financing for his three-bedroom house in Island Lake, he tapped a source that is roaring back in popularity in the wake of the credit crisis: the Federal Housing Authority. Long an option for the down …

Source:Weathering the storm - Chicago Tribune